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OpenAI details plans to turn into a for-profit company
OpenAI lays out its for-profit transition plans
One of OpenAI’s co-founders, billionaire Elon Musk, has filed for an injunction to halt the company’s transition to a for-profit, accusing OpenAI of abandoning its original philanthropic mission. Musk has also alleged that OpenAI has deprived his own AI company, xAI, of capital by extracting promises from investors not to fund it.
OpenAI confirms plans to become a for-profit company as it looks to raise even more investor money
OpenAI CEO Sam Altman has said that his company was made “unusual” on purpose. Now, that unusualness is getting in the way of raising more money from investors. In a Friday blog post, the company behind the popular AI chatbot ChatGPT said its board is deep into planning how OpenAI will “become more than a lab and a startup” in 2025.
OpenAI reveals new details about its plan to convert to a for-profit structure: 'We have to become an enduring company'
OpenAI is planning to convert its for-profit arm to a public benefit corporation in Delaware "with ordinary shares of stock."
OpenAI, Microsoft and AGI
OpenAI and Microsoft have put a price tag on what it means to achieve AGI: report
The companies reportedly signed an agreement last year that defined AGI as a system that can generate $100 billion in profits.
Microsoft and OpenAI have a financial definition of AGI: Report
Microsoft and OpenAI have a very specific, internal definition of artificial general intelligence (AGI) based on the startup's profits, according to a new
Report: Microsoft, OpenAI Tied AGI Metric to Profits, Not Intelligence
With OpenAI transitioning into a for-profit business, a new report claims that the company's partnership with Microsoft is even weirder than we knew.
11h
OpenAI's o3 isn't AGI yet but it just did something no other AI has done
To demonstrate we are still not at human-level intelligence, Chollet notes some of the simple problems in ARC-AGI that o3 can ...
22h
Leaked Documents Show OpenAI Has a Very Clear Definition of ‘AGI’
But OpenAI has received more than $13 billion in funding from Microsoft over the years, and that money has come with a ...
8h
on MSN
I asked ChatGPT and Copilot about AGI predictions for 2025 — OpenAI unanimously tops the chart partly due to its Microsoft tie-up and 2-year lead building AI 'uncont…
I asked ChatGPT and Microsoft Copilot about AGI predictions for 2025 and beyond. Here’s what the future holds according to AI ...
15h
New OpenAI o3 AI Model : A Giant Leap Toward Artificial General Intelligence (AGI)
OpenAI's o3 AI model achieves human-level intelligence in coding, math, and reasoning. Learn how it's shaping the future of ...
1h
To Further Its Mission of Benefitting Everyone, OpenAI Will Become Fully for-Profit
The corporate transition will allow OpenAI to raise more money and finally give its board the freedom to consider what its ...
The Information
22h
Microsoft and OpenAI Wrangle Over Terms of Their Blockbuster Partnership
OpenAI CEO Sam Altman wants to convert the artificial intelligence developer, which is governed by a nonprofit, into a ...
2d
OpenAI’s o3 shows remarkable progress on ARC-AGI, sparking debate on AI reasoning
OpenAI’s latest o3 model has achieved a breakthrough that has surprised the AI research community. o3 scored an unprecedented 75.7% on the super-difficult ARC-AGI benchmark under standard compute ...
8h
on MSN
OpenAI Wants to Create a ‘Public Benefit Corporation.’ Here’s What That Means.
OpenAI announced plans to refresh its corporate structure, indicating that though the year may be drawing to a close, the ...
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